Job description
Principle Responsibilities:
Pre-Season
- Based on the approved merchandise plan, formulate an inventory deployment plan, and suggested order quantities to support it
- Assist Inventory Deployment Analysts with monitoring and developing ideal store deployment parameters, taking into account constraints and inputs such as inventory levels by store cluster, lead time and order cycle, timing of merchandise delivery, minimum presentation quantity/safety stock, distribution size and frequency
- Confirm & manage purchase parameters for each vendor/distribution center, e.g. lead time, order frequency, etc
- Incorporate purchase parameters (order size and frequency) into an inventory receipt plan that meets sales, margin, inventory objectives
- Collaborate with Production/Sourcing on suggested and approved order quantities for finished goods
- Where necessary, manage component tracking and place orders to support finished good buys
- Work with Logistics to resolve external constraints that impact inventory flow to distribution centers and stores
- Collaborate with the Merchandise Planner to prioritize flow of product in light of constraints
- Collaborate with Space Planning, aligning on MPQ and store assortments
- Collaborate with Merchandising on MPQ/placement of goods at time of buys/based on recommended buys in support of sales plan while maximizing pre-Sale sell-through
- Set strategies/parameters to achieve targeted service levels for Vendors, DCs and Stores
- Partner with the Manager, Merchandise Planning to position long-term themes and proactively plan the season, a seasonal view
- Buying of seasonal launch collections and core replenishment items
- Taking into account updated demand plans, propose revised orders and deployment of inventory
- Manage solutions to exceptions that occur in the deployment process
- Manage reporting and inventory targets in support of major events i.e. item launch, promotions, new stores, relocations
- Coordinate with Demand Forecaster and Merchandise Planner to project and execute quick turn-around on event changes
- Problem solve with cross-functional partners to resolve inventory issues and proactively address constraints
- Identify system inputs from cross-functional teams impacting inventory fulfillment that require further updates to optimize flow
- Identify and address future inventory issues to reduce impact to the business, based on time-phased plan
Reporting/Analytics
- Develop reporting to support in-season and season end hind-sighting
- Review and analyze weekly store performance/inventory levels; recommend changes to forecasts
- Analyze past performance to identify opportunities and create corrective action for improving inventory management performance
- Partner cross-functionally with across the business with Merchandising, Merchandise Planning, Logistics, Distribution Centers, Space Planning, and Sourcing to ensure inventory planning goals/objectives are achieved
Qualifications
- 3-5 years of inventory management, replenishment or allocation experience
- Experience in high volume, multi-location distribution environment or equivalent MRP experience in multi-plant manufacturing environment preferred
- Retail supply chain knowledge
- Leadership and team-building skills. Ability to direct day-to-day activities.
- Strong communication and negotiation skills - working with multiple partners to resolve exceptions and negotiate best alternatives
- Identifies and influences critical stakeholders
- Optimization mindset - designs and develops plans to optimize decisions
- Problem-solving skills - proactively recommends solutions to various stakeholders; makes decisions with limited information
- Strong analytical skills - ability to analyze and understand quantitative data
- Strong computer skills: demonstrated ability to learn and apply new software technology. Systems used: Manugistics, SAP, MicroStrategy
- Strong Microsoft Excel skills – to be used as needed in building tools/reporting
- Experience with planning and order systems
- Understands and executes against business strategy and goals
- Strong prioritization skills
- Bachelor’s degree in business, finance, statistics, operations, supply chain
We are an equal opportunity employer. We do not make employment decisions based on an individual’s race, color, religion, gender, gender identity, national origin, citizenship, age, sexual orientation, marital status, pregnancy, genetic information, disability, protected Veteran status or any other legally protected status, and we comply with all laws concerning non-discriminatory employment practices. We are committed to providing reasonable accommodations for associates and job applicants with disabilities. We only hire individuals authorized for employment in the United States.
Bath & Body Works is dedicated to building a workforce and creating a culture where everyone feels like they are valued and belong. We are committed to providing access, and reasonable accommodation for individuals with disabilities. Bath & Body Works welcomes and encourages people who are expecting and/or parents-to-be to apply to this or any other role with the company.
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